Welcome to this month’s St. George, Utah real estate market report brought to you by The Jackie Ruden Realty Team.

Are you looking for a home? Wanting to upgrade or downsize? You can search for properties using our search tool. Be sure to save properties that match your needs and budget, then sign up to be notified as soon as matching properties become available. If you are in the market for a home give us a call at the Jackie Ruden Realty Team and we can help you find the perfect home.

If you are considering selling your home, now is a great time! You can use our free home valuation tool to get an idea of your home’s worth. Then give us a call at the Jackie Ruden Realty Team and we can answer all your questions about getting your home listed. We work to get your home show-ready and seen by the most qualified buyers

St. George Utah Housing Stats

The average sale price for homes in St George Utah during July 2019 was $332,568; this is up slightly from last July’s average of $332,322.

There are approximately 3.4 months of inventory available, homes are averaging 55 days on market before being sold, and sellers are getting 97% of their original asking price.

Breaking down the number of homes sold during July 2019, 95 were in the $200-249,000 price range, compared to 68 during July 2018. 

There were 72 homes sold in the $250-299,000 price range, down from 83 one year ago.

There were 70 homes sold in the $300-349,00 price range, 68 were sold during this time last year.

The $150-199,000 price range had 52 homes sold, the same number as of July 2018.

 

There were a total of 183 homes sold for $350,000 and higher during July 2019, and 30 homes sold for $149,000 or less. Compared to this time last year there is a 5.2% increase in the number of homes sold during July 2019.

Pending listings for July 2019 are up 32.1% compared to this time last year. The $200-249,000 price range had the highest number of pending sales with 83, up from 60 a year ago. The next highest was the $250-299,000 price range with 78 pending sales, up from 71 in July 2018.

There were 648 new listings to hit the market in St George Utah during July 2019, 133 of these were in the $250-299,000 price range, up from 70 during July 2018.

There were 89 new listings in the $300-349,000 price range, up from 72 a year ago, and there were 79 in the $200-249,000 price range, down by only one compared to July 2018.

The fourth highest number of new listings is in the $500-749,000 price range, up significantly from 48 in July 2018.

What Does This Mean For Buyers In St George Utah?

Buyers in St George Utah can expect to see more inventory available as the summer buying season comes to a close.

The average sale price has held steady this year, and in many price ranges, there are more homes listed compared to this time last year.

Buyers should have financing in place and be ready to act when they find a property that matches their criteria. Be sure to search for properties in your price and sign up for alerts to be notified as soon as matching properties become available.

Give the Jackie Ruden Realty Team a call today so we can help find your happy home!

What Does This Mean For Sellers In St George Utah?

St George Utah is still in a sellers market with only 3 months of inventory available. There is a strong demand for homes in the $200-300,000 price range.

Sellers can expect to get close to asking price for their homes as the list price to sold price ratio is 97.2%, and the number of days on the market before a home is sold is decreasing.

Sellers can use our free home valuation tool to get an idea of their home’s worth, then give us a call and we can answer all your questions about getting your home listed today.

 

St. George Homes for Sale

Here are the most recent home listings just added to the database in the median sale price range for St. George. All homes here are priced at $332,568 or less.


Entrada Homes For Sale


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Summary
St George Utah Real Estate Market Report – July 2019
Article Name
St George Utah Real Estate Market Report – July 2019
Description
The median price range of homes for this month is $332,568 At the start of this month, there were 1,545 active listings for this area. See what else is happening in the St. George and Entrada real estate market.
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Publisher Name
Jackie Ruden Realty Team
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